High leverage effects on USD/CAD vega spreads; long ITM calls and short OTM calls
Jun 17, 2015 13:21 pm UTC| Insights & Views
Canadian wholesale data prints hinting on healthy business climate and we thereby recommend ratio spread as the pair is likely to remain either sideways or slightly bullish in our view.Buying call spread in addition to...
Bank of Greece calls for faster resolution to the crisis
Jun 17, 2015 12:59 pm UTC| Insights & Views
Today Bank of Greece published report on monetary policy in which it has raised its voice calling for a viable agreement with Euro zone creditors. According to bank of Greeces statement, without an agreement Greece will...
Haven flows keep franc well bid against Euro
Jun 17, 2015 12:38 pm UTC| Insights & Views
It is like coming back to 2011/12 when Swiss economy was experiencing massive inflows out of Euro zone into its banks and bonds. However that situation subsided as Swiss national bank deployed 1.20 floor against Euro and...
FxWirePro: Buy DOW, NASDAQ binary calls amid Fed, M&A deals and Grexit
Jun 17, 2015 12:33 pm UTC| Insights & Views
The Dow Jones industrial average hiked by 113.31 points (i.e. 0.64%) at 17,904.48.While Nasdaq added 25.58 points (i.e. 0.51%) at 5,055.55 and the SP 500 gained 11.86 points (i.e. 0.57%) at 2,096.29. While you may be...
EUR outlook weaker vs USD but stronger vs JPY
Jun 17, 2015 11:36 am UTC| Insights & Views
Euro against dollar dipped 36 pips to end yesterdays session. Both the ECB and the creditors persist to add pressure on the Greece government to arrive at an agreement by tomorrow.We believe that consistent negotiations...
Euro zone inflation too weak to spur massive bond rout
Jun 17, 2015 10:46 am UTC| Insights & Views
Today Eurozone CPI estimate was released by Euro stat and that showed inflation in Euro remains in positive but subdued. Diverse growth and inflation in European Monetary Union (EMU) makes it harder for European Central...
FxWirePro: AUD/JPY combinations over naked puts still better choice for leverage benefits
Jun 17, 2015 10:37 am UTC| Insights & Views
The trade balance of Japan for May month posted another deficit, albeit small at 0.18tln and down from previous 0.24tln deficit in April.Both export growth (2.4%) and import growth (-8.7%) were declined than expected on...